132 Forest Drive, Methven, Ashburton

Nestled at 132 Forest Drive, Methven, Ashburton, this residential dwelling on a freehold title boasts 4 bedrooms, 2 carparks, and a floor area of 176 square meters on a levelled 636 square meter land. Constructed in 2008 with brick walls and an iron roof, both in good condition, this property exudes warmth and charm. The recent HouGarden AVM estimates it at $537,500, while the latest sale history shows a transaction at $697,000, indicating a significant increase from the previous sale in 2018 at $455,000. Moreover, the capital value has surged by 22.11% from $475,000 in 2018 to $580,000 as of July 2021.

With a CV growth rate that outpaces the market average, this property is not just a home but also a sound investment. The government valuations and the latest sale prices reflect the property's increasing desirability in a quiet cul-de-sac, where one can relax and enjoy life.

For families with school-aged children, the property falls within the zones of several high-performing schools. These include Villa Maria College and St Thomas of Canterbury College, both secondary schools with a decile rating of 9 and 8 respectively, in addition to Methven School, Mount Hutt College, Ashburton Christian School, and Craighead Diocesan School, all of which offer a quality education.

Updated on June 25, 2024